FIRST TERM SCHEME OF WORK FOR FINANCIAL ACCOUNTING SS2
Senior Secondary School Scheme of work for Accounting SS2 – Edudelight.com
NERDC Curriculum Accounting SS2
SS2 First Term Accounting Scheme of work Lagos State
1 Final Accounts – Special transactions; Bad Debts, Closing entries e.t.c.
2 Final Accounts – Provision for doubtful debts
3 Final Accounts – Provision for discounts
- Final Accounts – Accruals and Prepayments
6 Depreciation of Fixed Assets
7-8 Depreciation of Fixed Assets
9 Depreciation of Fixed Assets
10 Final Accounts – Working exercises
11 Revision
12 Examination
SS2 First Term Accounting Scheme of work – Modified
Week 1: REVISION
Week 2: Accounting Errors
- Definition, types of errors (Book-keeping errors and extraction errors)
- Errors the trial balance cannot disclose
- Errors the trial balance can disclose
- Suspense Account
Week 3: Corrections of errors with journal proper, working exercises on corrections of errors with journal proper
- Effects of errors on profit declared
Week 4: Control Account and sel-balance ledger
- Reasons for control account
- Limitations of control account
- Sales ledger of control account
- Meaning, uses/purpose, definitions of terminologies of contra settlement
- Format and working exercises
Week 5: Purchases ledger control account
- Meaning, uses/purpose, definition of terms format and working exercise
Week 6: Manufacturing account – reasons, terminologies, format and working exercise
Week 7 : Manufacturing account – trading, profit and loss account and balance sheet with working exercises
Week 8: Manufacturing account – treatment of manufacturing profit (market value) with trading, profit and loss account and balance sheet
Week 9 : Introduction to partnership accounts – meaning, types of partners and partnership, format, partnership deeds/agreement and types of account and terminologies
Week 10: Partnership accounts – working exercises on appropriation account, current account, capital account and balance sheet
Week 11: REVISION
Week 12: EXAMINIATION
